Lendlease freezes new jobs as development sours
The property giant says its decision to halt taking on new employees is reflective of the tough conditions faced by developers.
Lendlease
Queen Victoria Market to get $1.7bn overhaul
Developer Lendlease is planning three towers, but traditional flats are out.
Huge fine for gruesome toe injury
A major construction company has been fined thousands of dollars after a bricklayer had his toe amputated following a scary accident on its worksite.
Lendlease taps Gresham for sell-off of unit stake
Lendlease is understood to have tapped advisory firm Gresham for the sale of its retirement living business stake.
Inside the apartments with $1bn harbour views
It has surpassed $1bn in sales, but the European-born interior designer of Sydney’s One Circular Quay eschews the luxury label and says the view is the main star.
Smithfield centre $140m sale signals spur
Private fund managers are making the running as the retail property market resets.
Cairns Central wins interest as shops back in vogue
Retail property assets are trading again, but values are under pressure.
Tech chiefs urge AI skills for staff
A panel of property developers and experts has compared banning the use of ChatGPT among other generative AI as ‘leaving the garage door open’.
One Circular Quay cracks $1bn sales mark
More than half of residences were pre-sold, and the sale of the penthouse could rival the One Sydney Harbour penthouse’s $140m record.
What communities sale means for Lendlease & Stockland
Asset sales are what Lendlease needs to allay market fears of an equity raising, say analysts.
Lendlease eyes local ‘challenges’ after cutting US exposure
The property group has warned that slowing housing transactions is posing a challenge for earnings as it offloads $126m US Military housing asset.
Stockland eyes Lendlease unit
Stockland is understood to have held talks with listed rival Lendlease about an acquisition of at least part of its $1.7bn-plus Australian Communities business.
Mitsubishi, Lendlease talk terms over property stake
Mitsubishi Estate Asia is understood to be seeking to renegotiate terms for its acquisition of a stake in Lendlease’s yet-to-be-built North Sydney office tower.
Lendlease offloads shopping centre amid industry reset
The $300m shopping centre sale in Melbourne shows that investors are back chasing centres, but pricing has shifted.
Lendlease steps up search for housing partner
The developer has tapped Macquarie Capital to find a joint venture partner as it looks to expand land estates and release capital from a key $1.7bn-plus unit.
Activist investor targets Lendlease
Property developer Lendlease is facing a new activist investor on its register, with a wholesale fund run by the listed HMC Capital taking a near 3 per cent stake.
ASA seeks to block Steve McCann’s Scentre seat
The Australian Shareholders Association says Scentre Group has made a poor choice in nominating the former Crown Resorts and Lendlease boss as a director.
Lendlease to make Cairns exit as redemptions bite
A Lendlease-run fund plans to offload the Cairns Central shopping centre and expects to get about $500m.
Northern exposure: Asian firm circles tower project
The local developer, which has a market value of $4.81bn, is looking to bring its longtime Japanese partner into a premium Sydney tower.
AE offloads Lendlease over Koala habitat fears
Lendlease has defended itself from comments from the ethical investment fund, saying that its development falls in line with the advice of the NSW Chief Scientist.
Original URL: https://www.theaustralian.com.au/topics/lendlease/page/7